Accounts receivable (AR) is a critical component of any business's balance sheet. It denotes the quantity of trade credit a company extends to its customers. The AR cycle has numerous steps, beginning with a new customer's onboarding
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Introducing a reliable and effective B2B payment processing and cash management system into the business can be a bit of a daunting task. But don’t sweat it! With the right tools, anyone can understand the complexities of
Any decision-maker of a business might have found themselves looking at huge piles of cash and thinking to themselves: "Man, I wish there was an easier way to manage this!" Well, if that's the case, then rejoice
The digital revolution has taken B2B payments to new heights, with technology making it easier and faster than ever for companies of all sizes to take payments from their customers. Unfortunately, the path to a fully digital
With fraud and theft on the rise, the FBI has reported that since 2014, Business Email Compromise (BEC) and invoice fraud have cost U.S. businesses over $2 billion across all fifty states and 177 countries. Therefore companies
Automation is quickly becoming the norm in nearly every area of financial services, from customer experience to internal operations. In particular, automated collection, reconciliation and automated dunning offer a range of advantages for businesses. By leveraging automation
When a business grows, managing billing, customer subscriptions and other operations become challenging. The main challenge for most subscription-based enterprises is finding a way to recover lost revenue. Having a B2B cash flow management system can help
Cash flow can be the difference between success and failure in business operations. Therefore, there is a need to implement a modern B2B cash management solution to ensure adequate cash flow. Sometimes businesses face cash flow problems
The first wave of automation in finance happened in the 90s, with the popularization of enterprise resource planning systems or ERPs. The finance function has since evolved, with the COVID-19 global pandemic speeding up the transformation of
Accounts Receivables (AR) refers to the proceeds or payments a company will receive from its customers for the products sold or services offered on credit. The term ‘receivables’ points to the money that is due to an